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BRIEF-Grenville Shareholders Approve Plan Of Arrangement With Logiq

Published 2018-06-01, 08:24 p/m
BRIEF-Grenville Shareholders Approve Plan Of Arrangement With Logiq
GRC
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June 1 (Reuters) - Grenville Strategic Royalty Corp GRC.V :

* GRENVILLE SHAREHOLDERS APPROVE PLAN OF ARRANGEMENT WITH LOGIQ

* GRENVILLE STRATEGIC ROYALTY CORP - SHAREHOLDERS OF GRENVILLE WILL RECEIVE 6.25 COMMON SHARES OF LOGIQ FOR EACH GRENVILLE COMMON SHARE THEY HOLD

* GRENVILLE STRATEGIC - UNDER ARRANGEMENT LOGIQ WILL ACQUIRE ALL OF ISSUED AND OUTSTANDING GRENVILLE COMMON SHARES, GRENVILLE AND LOGIQ WILL AMALGAMATE

* GRENVILLE STRATEGIC ROYALTY -UPON COMPLETION, EXISTING HOLDERS OF GRENVILLE WILL OWN 67 PERCENT OF COMBINED CO AND LOGIQ SHAREHOLDERS WILL OWN ABOUT 33 PERCENT

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